South Africa: Semiconductor Thyristor Market 2024

Semiconductor Thyristor Market Size in South Africa

The South African semiconductor thyristor market was finally on the rise to reach $X in 2022, after six years of decline. In general, consumption, however, showed a abrupt downturn. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Semiconductor Thyristor Exports

Exports from South Africa

In 2022, shipments abroad of semiconductor thyristors, diacs and triacs increased by 20% to X units, rising for the fourth consecutive year after two years of decline. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 803% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, semiconductor thyristor exports rose sharply to $X in 2022. Over the period under review, exports recorded resilient growth. The most prominent rate of growth was recorded in 2016 when exports increased by 557% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Zambia (X units), Democratic Republic of the Congo (X units) and the United States (X units) were the main destinations of semiconductor thyristor exports from South Africa, with a combined 54% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +146.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for semiconductor thyristor exported from South Africa were Zambia ($X), Democratic Republic of the Congo ($X) and the United States ($X), with a combined 54% share of total exports.

The United States, with a CAGR of +71.7%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average semiconductor thyristor export price amounted to $X per unit, declining by -11.9% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 51%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Philippines ($X per unit) and Tanzania ($X per unit), while the average price for exports to Zambia ($X per unit) and Mozambique ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+1.8%), while the prices for the other major destinations experienced a decline.

Semiconductor Thyristor Imports

Imports into South Africa

In 2022, overseas purchases of semiconductor thyristors, diacs and triacs increased by 87% to X units, rising for the third year in a row after three years of decline. Over the period under review, imports, however, saw a abrupt downturn. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, semiconductor thyristor imports soared to $X in 2022. In general, imports, however, continue to indicate a abrupt downturn. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest semiconductor thyristor supplier to South Africa, with a 50% share of total imports. Moreover, semiconductor thyristor imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), eightfold. The third position in this ranking was held by the UK (X units), with a 5.9% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-14.7% per year) and the UK (-11.3% per year).

In value terms, China ($X) constituted the largest supplier of semiconductor thyristors, diacs and triacs to South Africa, comprising 51% of total imports. The second position in the ranking was held by the United States ($X), with a 6.6% share of total imports. It was followed by the UK, with a 6% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-15.2% per year) and the UK (-11.8% per year).

Import Prices by Country

The average semiconductor thyristor import price stood at $X per unit in 2022, reducing by -34.7% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 85%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Hong Kong SAR ($X per unit) and Japan ($X per unit), while the price for China ($X per unit) and Hungary ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+170.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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